Private asset manager; largest shareholder of BAE Systems
Asset manager · Organization
Capital Group is a privately owned Los Angeles investment firm founded in 1931, with more than $3.6T under management as of June 30, 2026. Through its American Funds units it is the single largest shareholder of BAE Systems, with 11.04% of voting rights as of Jan 22, 2026. BAE builds the rear fuselage of every F-35, including Israel's, and those components were exempted when the UK suspended arms licences to Israel; Capital Group's biggest arms holding is therefore the one Britain chose not to touch. As of March 31, 2026 its investment arms also held 5.2% of Boeing, 5.2% of Northrop Grumman and 3.9% of RTX, and at mid-2026 they held about 3.1M Lockheed Martin shares and 3.7M General Dynamics shares. Its returns are tied to the F-35s, GBU-39s and interceptors used in Gaza, Lebanon and Iran, during what the UN Commission of Inquiry concluded in Sept 2025 was a genocide in Gaza.
Capital Group, founded in 1931 by Jonathan Bell Lovelace and managing $3.6T, held 11.04% of BAE Systems in January 2026, and 5.2% of Boeing, 5.2% of Northrop Grumman and 3.9% of RTX at 31 March 2026. BAE builds the rear fuselage of every F-35.
Sources: Capital Group (via data.json), BAE Systems - Holding(s) in Company (TR-1 notification), Schedule 13G - The Boeing Company - Capital World Investors, Schedule 13G/A (Amendment No. 9) - Northrop Grumman Corp. - Capital International Investors, Schedule 13G/A (Amendment No. 2) - RTX Corp - Capital Research Global Investors
● confirmed by a primary document · ○ reported
The Capital Group Companies, Inc. ... % of voting rights: 11.042616% ... 331,390,657 voting rights; threshold crossed 22-Jan-2026
Issuer: Northrop Grumman Corp.; Reporting Person: Capital International Investors; Date of Event: 03/31/2026; Aggregate amount beneficially owned: 7,321,667; Percent of class: 5.2 %
["LMT","LOCKHEED MARTIN CORP","COM","539830109",630985,0.1,1238537,null,null] | Capital World Investors (0001422849-26-000113): ["LMT","LOCKHEED MARTIN CORP","COM","539830109",939555,0.1,1844218,null,null]
["GD","GENERAL DYNAMICS CORP","COM","369550108",1313641,0.2,3708400,null,null] | Capital World Investors: ["GD","GENERAL DYNAMICS CORP","COM","369550108",10422,0.0,29422,null,null]
Issuer: RTX Corp.; Reporting Person: Capital Research Global Investors; Date of Event: 03/31/2026; Aggregate amount beneficially owned: 52,377,687; Percent of class: 3.9 %
Issuer: The Boeing Company; Reporting Person: Capital World Investors; Date of Event: 03/31/2026; Aggregate amount beneficially owned: 41,497,786; Percent of class: 5.2 %
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